This content is from: Direct Tax

UK stamp duty reserve tax is illegal under EU law, says Advocate general

Advocate general (AG) Paulo Mengozzi has said that certain aspects of the UK's stamp duty reserve tax (SDRT) breach EU law. In his opinion, SDRT breaches the capital duty directive and the EC principle of the free movement of capital.

To access our market-driven intelligence please request a trial here.

Read this article – and more – for a 30 day period.


Are you already an ITR subscriber? Log in here

Instant access to all of our content. Membership Options | 30 Day Trial